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TRUMP APPROVES LNG EXPORTS, CREATES ENERGY COUNCIL TO BOOST US OIL, GAS.
President Trump approved the Commonwealth LNG project's export license, aiming to supply LNG to Asia and Europe, while also boosting U.S. energy security and reducing Europe's reliance on Russian gas. Additionally, Trump signed an executive order creating an energy council to expand U.S. oil and gas production, with plans for offshore drilling and a new natural gas pipeline to reduce regional energy prices.
- 1 year, 3 months
GLOBAL ELECTRICITY DEMAND TO GROW BY 4% THROUGH 2027, IEA SAYS.
Global electricity demand is set to rise significantly through 2027, driven primarily by emerging economies like China and India, while advanced economies see shifts due to electrification. The expansion of low-emissions energy sources, particularly renewables and nuclear, is expected to keep pace with demand, reducing reliance on coal.
- 1 year, 3 months
NEW GIANT WIND PROJECT GETS GREEN LIGHT IN AUSTRALIA.
A significant wind project in New South Wales (NSW), Australia, has received approval from the state government, signaling a boost to the region's sustainable economic goals.
- 1 year, 3 months
QATAR FUNDS NEW GULF ELECTRICITY INTERCONNECTION PROJECT WITH OMAN.
Qatar has pledged to provide up to $100 million in funding to support the Gulf Interconnection Authority's new project with Oman, which aims to enhance energy security across the region.
- 1 year, 3 months
ADNOC SECURES FIVE-YEAR LNG SUPPLY DEAL WITH INDIA’S BPCL.
ADNOC has secured a five-year LNG supply deal with India's BPCL, providing 40 cargoes totaling 2.5 million tonnes, set to start in April 2025. This agreement, along with a similar deal with Indian Oil Corporation, aligns with India’s goal to increase its gas share in the energy mix by 2030.
- 1 year, 3 months
INDIA OPENS LARGEST OIL & GAS BID ROUND: 25 BLOCKS ON OFFER.
India has launched its largest oil and gas bid round, offering 25 blocks for exploration and development. This move aims to attract investors, boost domestic production, and strengthen energy security.
- 1 year, 3 months
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